Local taxes in Bucharest will increase by 5.1 percent starting 2023, being indexed to the inflation rate, according to a decision adopted by the General Council of Bucharest.
The draft decision maintains the 95 percent reduction in tax on hybrid means of transport. At the same time, the bonus for advance payment, until March 31, of the tax/tax on buildings, land and the tax on means of transport due by taxpayers for the entire year is 10 percent.
